Kenro Capital targets $120-150M fund to buy startup secondaries, backing Giva and Pine Labs stakes
Kenro Capital is raising a $120-150M secondaries fund for late-stage India and SEA deals, writing $10-20M tickets. Its portfolio spans consumer-retail names like jewellery brand Giva and fintech Pine Labs, offering liquidity to early investors. Final close expected in 4-6 months after $115M of transactions.
Kenro Capital is raising a $120-150M secondaries fund for late-stage India/SEA deals. Its portfolio includes consumer/retail names like jewellery brand Giva and fintech Pine Labs, offering liquidity to early startup investors.
Why this matters
Kenro Capital's fund extends its secondaries push after $115M in transactions, giving early backers of Giva and Pine Labs liquidity while betting on late-stage India and SEA consumer-retail and fintech names.
Retail-company signals accelerating, up 794300% QoQ.